Crush Margins for Domestic Rapeseed (at average cost of in-mill stocks) | |||||||
Region | Income (CNY/tonne) | Expenditure (CNY/tonne) | Margin | ||||
Rapeseed Oil | Rapeseed Meal | Total | Rapeseed | Crush Cost | Total | ||
Sichuan | 8900 | 2250 | 4454 | 5340 | 250 | 5590 | -1136 |
Jiangsu | 8600 | 2330 | 4353 | 5000 | 240 | 5240 | -887 |
Anhui | 8100 | 2320 | 4146 | 5060 | 200 | 5260 | -1114 |
Hubei | 8000 | 2300 | 4095 | 5240 | 210 | 5450 | -1356 |
Average | 8400 | 2300 | 4351 | 5160 | 225 | 5385 | -1035 |
Theoretical Crush Margins for Imported Rapeseed (at intraday duty-paid price) | |||||||
Region | Income (CNY/tonne) | Expenditure (CNY/tonne) | Margin | ||||
Rapeseed Oil | Rapeseed Meal | Total | Rapeseed | Crush Cost | Total | ||
Guangxi | 8140 | 2270 | 4749 | 3492 | 170 | 3662 | 1087 |
Guangdong | 8050 | 2360 | 4760 | 3492 | 170 | 3662 | 1098 |
Fujian | 8090 | 2350 | 4771 | 3492 | 170 | 3662 | 1109 |
Average | 8093 | 2327 | 4760 | 3492 | 170 | 3662 | 1098 |